R 3 300 000

1 200 m² Industrial space in Umbilo

616 m² 1 200 m²

Tenanted double storey Industrial Building for Sale in Congella

This double storey Industrial building in Melbourne Road in Congella is on an erf size of 616m2 and has two ground floor units of 300m2 each, and a drive-up ramp to an upstairs Unit of 600m2, giving a GLA of 1200 m2. Total income is R47 158 per month or R566 000 per year with annual rates of R143 000. One can see that the rental rates are below R40 per m2, giving huge potential to increase rental rates. Asking price is R3.3m plus vat, negotiable. Phone Shaun for further details.

Property details

Listing number T4622277
Property type Industrial
Listing date 6 May 2024
Land size 616 m²
Floor size 1 200 m²